openPR Logo
Press release

SouthStar Capital Provides $4.5 Million A/R Facility to Support PE-Backed Energy & Utilities Services Company

02-11-2025 11:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

SouthStar Capital Provides $4.5 Million A/R Facility to Support

Image: https://www.abnewswire.com/upload/2025/02/021b09942a43027fe2d3b5299fea1083.jpg

A private equity-backed Energy & Utilities Services company faced significant cash flow challenges due to rapid growth and the need for immediate funding to sustain operations. Approaching $250 million in revenue through multiple entities, the parent company is a leader in large-scale energy and infrastructure projects for Fortune 500 clients. However, milestone-based invoicing with extended payment terms created financial strain during peak demand, requiring additional liquidity to maintain momentum and meet project commitments.

SouthStar Capital provided the company with a customized $4.5 million A/R Facility, addressing its working capital needs while maintaining its relationship with the existing senior lender. This facility carved out specific receivables owed by key debtors, ensuring the company could continue operations, support critical infrastructure initiatives, and expand its project capacity. With this funding in place, the company is well-positioned to take on larger contracts, further reinforcing its leadership in the energy and utilities sector. This transaction highlights SouthStar Capital's ability to deliver flexible financing solutions that empower businesses to overcome financial challenges and capitalize on new opportunities.

About SouthStar:

SouthStar Capital is an asset-based lender dedicated to empowering lower middle-market Private Equity firms and Independent Sponsors with tailored financing solutions that maximize liquidity and fuel portfolio growth. Our innovative approach goes beyond traditional lending, allowing us to structure flexible solutions that align with your business objectives. By focusing on what's possible and looking ahead, we partner with you to seize opportunities, navigate challenges, and drive sustainable success.

Our solutions include: Growth & Working Capital, Acquisition Financing, Existing Senior Lender Carve-Outs, Capped Line of Credit Extensions and Restructurings & DIP Financing.

At SouthStar Capital, we don't just provide capital-we provide partnership, strategy, and financial agility to help you and your portfolio companies thrive.

For more information, visit southstar.com [southstar.com]or contact info@southstar.com

Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=southstar-capital-provides-45-million-ar-facility-to-support-pebacked-energy-utilities-services-company]
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: http://www.southstarcapital.com

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SouthStar Capital Provides $4.5 Million A/R Facility to Support PE-Backed Energy & Utilities Services Company here

News-ID: 3863544 • Views:

More Releases from ABNewswire

Denver's Best Appliance Repair Responds to Rising Demand for Emergency Appliance Repair with Extended Service Hours
Denver's Best Appliance Repair Responds to Rising Demand for Emergency Appliance …
Denver's Best Appliance Repair expands emergency services across the Denver metro with same-day repairs, 7-day availability, 5-year parts warranty, and professional licensed technicians serving residential and commercial clients. Household appliance failures don't follow a schedule. When a refrigerator stops cooling in the middle of summer or a washing machine floods a basement on a Sunday evening, families need immediate help. Denver's Best Appliance Repair has responded to this growing need by
Oak Hill Clinic Reaches 30,000 Client Milestone with Results-Driven Deep Tissue Massage Approach
Oak Hill Clinic Reaches 30,000 Client Milestone with Results-Driven Deep Tissue …
Deep Relief in Oak Hill, Austin, has served 30,000 clients through specialized massage, chiropractic, and acupuncture care. The clinic accepts insurance and focuses on results-driven treatments for pain relief. Deep Relief, an Oak Hill-based wellness clinic, has achieved a significant milestone by serving more than 30,000 clients seeking Relief from chronic pain, muscle tension, and mobility issues. The clinic's success stems from its commitment to advanced, results-focused bodywork that goes beyond
Vertex Fleet Expands Nationwide Network to Combat Growing Trailer Drop Yard Shortage
Vertex Fleet Expands Nationwide Network to Combat Growing Trailer Drop Yard Shor …
Vertex Fleet announces major expansion of secure parking facilities nationwide, addressing the critical shortage of commercial vehicle storage with 15+ new locations featuring 24/7 security and technology-driven access. The freight and logistics industry faces a mounting crisis as demand for secure parking spaces continues to outpace supply across the United States. Vertex Fleet [https://www.vertexfleet.com/], a leading provider of industrial outdoor storage solutions, has announced significant expansion plans to address this critical
HVAC in Denver Sees Service Enhancement as Denver's Best Heating and AC Repair Launches 24/7 Emergency Response
HVAC in Denver Sees Service Enhancement as Denver's Best Heating and AC Repair L …
Denver's Best Heating and AC Repair expands 24/7 emergency services across 23 metro cities, offering A+ rated heating, cooling, and commercial HVAC solutions with rapid response times and multi-brand expertise. Denver's Best Heating and AC Repair [https://www.denversbestheatingandacrepair.com/]has expanded its service capabilities to meet growing demand for reliable heating and cooling solutions across the Denver Metro area. The A+ rated contractor now provides 24/7 emergency response services to 23 cities, addressing critical

All 5 Releases


More Releases for SouthStar

SouthStar Powers Flooring Firm's Distribution Expansion with $500K
This deal was referred to SouthStar by an existing client and structured to support the company's renewed growth and expanding working capital needs. The business, which specializes in concrete flooring maintenance, surfacing, and polishing, primarily services large commercial and industrial spaces such as national retail distribution centers. With demand for warehouse flooring projects accelerating, the company needed a dependable source of liquidity to cover payroll, purchase materials, and keep operations moving. Although
SouthStar Capital Delivers Working Capital Boost to Functional Beverage Startup
SouthStar Capital is proud to announce the funding of an Accounts Receivable (A/R) Facility for a fast-growing omnichannel CPG company specializing in functional coffee and herbal tea blends. This early-stage company recently began receiving recurring purchase orders from a national retail chain and needed a reliable capital partner to support ongoing growth. After successfully fulfilling smaller orders, the company is now scaling production to meet increased demand. With invoices on Net
SouthStar Funds $2M A/R Facility for Industrial Equipment Manufacturer
SouthStar Capital, LLC is pleased to announce the funding of a $2 million Accounts Receivable facility for a Charlotte-based manufacturer of industrial battery handling systems. Serving several Fortune 500 companies nationwide, the business was in search of a reliable working capital solution after their long standing line of credit with a major bank was not renewed. With customer payment terms ranging from Net 30 to Net 60 and large system orders
SouthStar Capital Funds $2MM Facility for Expanding Lighting Solutions Company
Charleston, SC - SouthStar Capital, LLC is pleased to announce the funding of a $2 million combined Purchase Order (P/O) and Accounts Receivable (A/R) Facility for a lighting solutions company preparing for nationwide expansion. Specializing in commercial and residential lighting design, procurement, and distribution, the company is projected to generate $50 million in revenue from a new contract to supply lighting for up to 15,000 units. Previously working with multiple financing
SouthStar Capital Funds A/R Facility for Growing West Coast Construction Firm
Image: https://www.abnewswire.com/upload/2025/04/79d613e09986e7c62b7ce28aec64262b.jpg As the company rapidly expanded operations-particularly in water, storm, and sewer utility upgrades, as well as generator substation renovations-it needed faster access to working capital to support growth. With projected sales increasing from $1.66 million in 2024 to a $3.5 million target for 2025, cash flow gaps caused by 40-day payment terms and milestone billing cycles became a barrier to scaling. SouthStar Capital provided a strategic A/R Factoring solution, allowing
SouthStar Capital Provides $100,000 Accounts Receivable Facility to Stabilize St …
Image: https://www.abnewswire.com/uploads/911a474343589a1527163df1d67a8eca.png SouthStar Capital is excited to provide a $100,000 Accounts Receivable (A/R) facility to support the launch of a newly established staffing company. The company was spun off from a successful medical staffing business, which thrived during the COVID-19 pandemic by meeting the urgent demand for medical personnel. However, as the pandemic's impact lessened, the original business faced a slowdown, with one major debtor accounting for 80% of their accounts